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US Gov's Own Report Shows Toxic TPP 'Not Worth Passing'
Posted On: May 20, 2016
May 20, 2016  | TRADE AGREEMENTS | The government's own assessment of the toxic Trans Pacific Partnership (TPP) shows that the controversial trade deal will produce negligible economic benefits while damaging most Americans' jobs and wages. The U.S. International Trade Commission's (ITC) report, issued Wednesday, shows that the TPP "would likely have only a small positive effect on U.S. growth," Reuters reported. The ITC estimates a worsening balance of trade for 16 out of 25 U.S. agriculture, manufacturing, and services sectors… [United Steelworkers (USW) International president Leo W. Gerard] said, "This may be the most damning government report ever submitted for a trade agreement." commondreams.org
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